Nasdaq NVDA Nvidia

NVIDIA Corporation NVDA shares soared 24.6% in Wednesday’s extended trading session after the graphics chipmaker reported better-than-expected first-quarter fiscal 2024 results and provided strong guidance for the second quarter.

When I purchase a stock, my goal is to never need to sell it. I have this mindset because I'm investing in the company, not just an arbitrary ticker. However, there are times as an investor when you may see an opportunity and need to raise capital.

Markets were stuck in U.S. debt ceiling limbo on Thursday, while Europe largely shrugged off news that its biggest economy, Germany, had sagged into recession and that all the wrangling in the United States could cost it an AAA credit rating.

Artificial intelligence (AI) is certainly having its moment. And if we are fully honest with ourselves, this isn't the first time; in the past decade, we have seen other instances of AI becoming a popular buzzword in investing circles. What does seem different this time is the re

There has been tremendous buzz around artificial intelligence (AI) over the past few months, and investors gained new insight into how it has the potential to substantially boost the revenue of companies looking to make the most of this hot technology.

Since the debut of OpenAI's ChatGPT late last year, the adoption of artificial intelligence (AI) has moved at breathtaking speed. Consumers were entranced by the ability of these generative AI-driven chatbots to participate in human-like exchanges, respond to complex queries, and

Thanks to the viral success of OpenAI's ChatGPT, the world has awakened to the potential artificial intelligence (AI) has to make businesses more efficient. It's a timely turn of events, given that inflation and managing workforces remain hot topics in the corporate boardrooms of

For Nvidia Corp, the boom in generative artificial intelligence (AI) is everything, everywhere, all at once.

Image source: The Motley Fool.

Asian shares fell to a two-month low on Thursday, and the U.S. dollar rose as the impasse in negotiations to raise the U.S. debt ceiling kept investors wary of risky assets due to the hit the global economy will take if the U.S. government defaults.

Shares of Nvidia (NASDAQ: NVDA) skyrocketed 24.7% in after-hours trading on Wednesday following the graphics chip specialist's release of its first-quarter report for fiscal 2024.Investors' delight is attributable to the quarter's revenue and earnings crushing Wall Street's estim

Nvidia (NASDAQ: NVDA) stock is now up over 140% year to date at $389 after hours. Will artificial intelligence continue to fuel growth, or is the stock getting ahead of itself? The video below provides Nvidia stock analysis, technical analysis, an earnings update, and my thoughts

Advanced Micro Devices ( NASDAQ:AMD ) is a great company, but stock traders should consider waiting for AMD's valuation to cool down a bit before jumping into the trade. I am neutral on AMD stock and hope to catch it at lower price points for a confident buy-and-hold this year. Advanced Micro Devices (which people typically refer to as AMD) is one of the most important microprocessor manufacturers in the U.S. The company has made mincemeat out of Intel ( NASDAQ:INTC ) in the semiconductor space, stealing much of Intel's market share and earning the industry's respect with best-in-class microchips. As we'll discuss in a moment, AMD is even starting to make waves (with the help of a famous tech giant) in the artificial intelligence (AI) hardware market. The problem is that the market is highly efficient and appears to have priced in all good news related to AMD and perhaps even some future good news that hasn't actually happened yet. Hence, while it's fine to believe in AMD as a company, it may be prudent to try timing your entry, which requires patience that some of today's traders might not possess. AMD Stock Flies High Despite Lackluster Quarterly Results Whereas Intel stock has chopped around and basically gone nowhere, AMD stock has formed a series of what technical experts call higher lows and higher highs. That's really just a fancy way of saying that AMD has stair-stepped higher, and undoubtedly some folks will see this as strongly-bullish price action. Yet, value-focused investors should stop for a moment and consider whether AMD stock should have rallied so sharply. Less than a month ago, Northland analyst Gus Richard  raised his price target on AMD shares to $81, and Truist analyst William Stein upped his price target on the stock to $84. Already, AMD stock has blown past those two price objectives. It closed above $108 today and is currently near $117 in after-hours trading after Nvidia ( NASDAQ:NVDA ) raised its guidance (AMD is rallying in "sympathy"). This occurred even though AMD's Q1-2023 revenue and earnings per share were only moderately above the consensus estimate. Furthermore, AMD's current-quarter revenue forecast of $5 billion to $5.6 billion was softer than Wall Street's call for $5.5 billion. As we'll touch upon shortly, analysts generally expect AMD stock to pull back slightly. This doesn't mean it's a great idea to short-sell the stock, as hype and momentum can carry it higher this year. Just be aware that the stock may have gotten ahead of itself, as AMD's GAAP trailing 12-month price-to-earnings (P/E) ratio of 455.24x is substantially higher than the sector median P/E ratio of 23.99x, and its non-GAAP P/E of 35.9x is also much higher than the sector median of 18.2x. AMD Jumps Headfirst Into AI Hardware with Microsoft's Help It's already well-established that AMD makes fast, powerful microprocessors. For instance, the company's latest release of Ryzen 7020 C-Series processors could hurt AMD's competition. Let's be honest, though -- today's investors want to hear about AI. So, how is AMD addressing the red-hot AI hardware market in 2023? AMD is developing robust supercomputers and has scheduled an AI-focused livestream for June 13, but those aren't the headline stories here. The most significant news is that AMD is receiving support from none other than technology titan Microsoft ( NASDAQ:MSFT ) in its pursuit of leading-edge AI hardware products. By "support," I mean that Microsoft will work with AMD "on a homegrown Microsoft processor for AI workloads, code-named Athena," according to a Bloomberg report via Reuters. Not only that, but Microsoft will reportedly provide "financial support to bolster AMD's efforts." Needless to say, it's a huge win for AMD to get operational and financial support from Microsoft. Still, this doesn't necessarily mean AMD will succeed in taking market share in the AI hardware field. Even with Microsoft in its corner, AMD could fall behind as it's certainly not the first entrant in the AI hardware arms race of 2023. Is AMD Stock a Buy, According to Analysts? Turning to Wall Street, AMD stock comes in as a Moderate Buy based on 18 Buys and eight Hold ratings. Nonetheless, the average Advanced Micro Devices stock price target is $99.35, implying 8.2% downside potential. If you’re wondering which analyst you should follow if you want to buy and sell AMD stock, the most accurate analyst covering the stock (on a one-year timeframe) is Matt Ramsay of TD Cowen, with an average return of 58.14% per rating and an 86% success rate. See below. Conclusion: Exercise Patience With Microsoft's backing, AMD could generate robust revenue from AI-targeted hardware. Yet, this remains to be seen. Additionally, AMD's disappointing current-quarter revenue guidance indicates that the company's shares may be overvalued at the moment. If Wall Street is right, AMD stock only has so much gas left in the tank and is due for a pullback. That would be fine, as a share-price dip of 10% or so would present a great opportunity to consider a buy-and-hold position, in my opinion. Disclosure

Nvidia (NVDA), one of the biggest winners of 2023 and the most followed AI-related stock, rocketed higher in after-hours trading after reporting blowout Q1 earnings. Highlights include:

Wall Street kept its eyes squarely on Washington on Wednesday, and investors didn't like what they saw. Without any apparent solution in sight for the debt ceiling problem, stock markets once again lost ground. The Dow Jones Industrial Average (DJINDICES: ^DJI) led the way lower,

In the months since the release of Chat-GPT, the accelerating demand for artificial intelligence (AI) has been breathtaking. Consumers are transfixed by the advances in generative AI bots, which can carry on human-like conversations, answer complex, multipart questions, summarize

For the quarter ended April 2023, Nvidia (NVDA) reported revenue of $7.19 billion, down 13.2% over the same period last year. EPS came in at $1.09, compared to $1.36 in the year-ago quarter.

We got some color on the most recent Federal Open Market Committee (FOMC) meeting from early this month, which saw a unanimous 25 basis-point (bps) interest rate hike, bringing the Fed funds rate north of 5% for the first time in

Nvidia (NVDA) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring item

In this video, I will talk about Nvidia's (NASDAQ: NVDA) first-quarter earnings and explain why we have seen its stock soar close to 150% this year. The markets are forward-looking, but even for a great business like Nvidia, valuation matters.